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Bihar Solar Energy Tariff Regulations - 2010

HIGHLIGHTS

 

Tariff Period 25 years.
Control Period FY 2016-17 to FY 2018-19.
Useful Life of a Plant 25 years.
Technology-wise Net Tariff Technology Net Tariff(Rs./kWh) for FY 2016-17
Solar PV

5.08

Solar thermal

10.77

 

Capital Cost Technology

Capital Cost

(in Rs.lakh/MW) for FY 2016-17

Solar PV

530.02

Solar thermal

1200.00

 

Operation and Maintenance Expenses (O&M) Technology

O&M Cost

(in Rs.lakh/MW) for FY 2016-17

Solar PV

7.00

Solar thermal

18.74

Escalation rate is 5.72% per annum.
Interest Rate on Loans

State Bank of India average base rate prevalent during first six months of previous year plus 300 basis points.

Depreciation

7% for first 10 years and remaining depreciation spread over residual useful life of the project.

Return on Equity
  • Pre-tax 20% per annum for first 10 years.
  • Pre-tax 24% per annum 11th year onwards.
Interest on Working Capital

State Bank of India average base rate prevalent during first six years of the previous year plus 350 basis points.

 

OTHER PROVISIONS

 

Tariff structure and design

Single part,levellised, tariff for the tariff period.

Despatch principle

All plants are “must run” and shall not be subject to ‘merit order despatch’.

Subsidy or/and Incentives by government

Any incentive or subsidy provided by the central or state government including accelerated depreciation benefit would be taken into consideration for determination of tariff.

Rebate
  • 2% - for payment through Letter of Credit.
  • 1% - for payments not through Letter of Credit but within 1 month from the date of presentation of bills.
Late payment surcharge

1.25% per month for payment of bills beyond a period of 60 days from the date of billing.

Links

http://berc.co.in/pages/regulation.S3InfoSystem

References

http://berc.co.in/media/Regulation/Terms%20and%20Conditions%20for%20Tariff
%20Determination%20from%20Solar%20Energy%20Sources.pdf

http://berc.co.in/media/Regulation/1st%20amendment-solar%20energy.pdf

http://berc.co.in/media/Regulation/second%20amendment-solar%20energy%20sources.pdf

http://berc.co.in/media/Regulation/3rd%20amend-solar%20energy%20sources.pdf

http://berc.co.in/media/Regulation/4th%20amendment-solar%20energy%20sources.pdf

 

 

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